Domestic car industry to report decline in July sales on high base effect

A month after an abnormal growth of 37 per cent (owing to a low base effect of June 2017), the domestic automobile industry is expected to report a decline in July on a high-base effect of corresponding month last year. Country's largest carmaker, Maruti Suzuki, has reported a drop of 0.6 per cent in July passenger vehicle sales. ALSO READ: Maruti Suzuki's profit climbs 27% in Q1, but skids on expectationsR S Kalsi, Senior Executive Director, marketing and sales, Maruti Suzuki, said July volumes must be seen together with June sales. Maruti Suzuki sold 134,036 units in June but owing to a low base, the growth was 44 per cent. ALSO READ: Maruti Suzuki dips 4% post Q1 resultsFord has reported a decline of 7 per cent in July domestic sales at 7,816 units.

Iran's car industry is bigger than you'd think, but which cars are made there?

The Iranian car industry had been thriving (Picture: Getty Images)As part of the sanctions that Donald Trump has reimposed on Iran, one of the industries that is going to be hit hard is car production. They are also designed to scare off foreign investors in the Iranian automotive industry, something that appears to have been achieved already. This may not sound like a huge consequence, but the Iranian car industry is much bigger than you might think, producing a vast amount of automobiles every year. There are two major players in the Iranian car market, Iran Khodro and Saipa, who produce their own models, but also manufacture more well-known brands thanks to deals with bigger companies. The sanctions are set to cause huge damage to the Iranian car industry as PSA have said they will be pulling out, whilst Renault are following suit.

The car industry needs to embrace open source

referring to One of the ways that they are already doing this is in their use of open source components. This software is written and maintained by the open source community and made available for reuse by others so long as they follow their licenses. Open source components are essentially the building blocks of software, comprising between 60-80 percent of the code base in modern applications. When coding with open source, developers need to ensure that they are not using components with known vulnerabilities. If automakers are going to successfully utilize open source components, they are going to have to play by the rules.

collected by :Catlin Logan